DroneBase Raises $12M Series B

Santa Monica-based DroneBase announced it has raised $12 million in Series B round bringing its total funding to date to ~$19M. The round was led by Union Square Ventures (USV) and Upfront Ventures, with participation from DJI and new investors Hearst Ventures and Pritzker Group

“DroneBase has addressed two key challenges in the industry by providing reliable, affordable and scalable drone services for enterprises across industries while offering opportunities for pilots of all skill sets with purposeful reasons to fly their drones. This round marks DJI’s third investment in DroneBase through SkyFund, which demonstrates our confidence in their continued success in an industry that, while growing at a rapid pace, is just at the beginning of realizing its full potential” – Head of Enterprise Partnerships, DJI, Jan Gasparic.

The company, established in 2014 by Dan Burton and Eli Tamanaha, recently completed 100,000 commercial drone missions for enterprise clients across various industries such as real estate, insurance, telecommunications, construction, and media.

“DroneBase is privileged to work with leading enterprises who have best-in-class data analytics solutions for construction, insurance, property, energy & agriculture. We hear over and over how incredibly difficult it is to scale ROI-positive drone operations to acquire aerial data. By using the DroneBase API, our partners can access drone imagery and data from all over the world that is scalable, affordable, and easy to integrate with their platforms, allowing them to focus on their core business” – CEO Dan Burton.